Wednesday, November 14, 2007

5 EMAs Forex Trading System Review

by Virak

I have been trading full-time for over 5 years and I have seen/used countless trading systems in those years. I never came across such an easy to setup, easy to apply and effective working system which combines clear trading signals with good follow-up of the trade and solid money management. I really like the '5EMAs' system because it's very concise, easy to apply and, so far, I found it quite effective during the past 3 months I have been testing it. I've already banked over $2,500.

The Forex market is THE most volatile market in the world, often creating huge price swings. You will learn how to ride these trades for maximum profit. Not only that, amongst all the potential trade opportunities presented by these price swings, the 5EMAs Forex System identifies those with the highest probability of success.

The 5EMAs Forex System reveals a secret method of predicting market movements, thanks to which you will understand how to potentially turn $1,000 into $1,000,000 in 24 months (or $10,000 into $1,000,000 in just 12 months).

This step by step guide teach you how to identify amazingly accurate trades that with unique Money Management techniques, developed especially for this system, will allow to you to earn huge returns from the Forex market. Even if you are completely new to Forex trading, the 160+ page course will guide you from A-Z on how to trade Forex like a professional.

The 5EMAs Forex System uses an incredibly accurate formula traded by a professional Forex trader and fund manager and it is Perfect for people who do not have time to monitor the markets constantly, the 5EMAs Forex System can be set to provide long-term signals - that way, a trader can enjoy the profits that the Forex market can provide without having to give up his day job.

Especiallly, you will Never again buy a "black box" Forex trading system or subscribe to a Forex signal provider. All the rules of this system are revealed and explained in full detail - you will have complete control over your trading.

Also, the support is great. Every time I have a question and send an e-mail, they respond right away with what I need; it's so much better than some other vendors who seem to just disappear after you pay them.

Find out more detail here: 5 EMAs Forex Trading System!
http://download-popular-products.blogspot.com/2007/11/5-emas-forex-trading-system-review.html

About the Author
I love 5 EMAs Forex Trading System!

5 comments:

Emmanuel said...

I have been testing the 5Emas system during the past 7 weeks. What happen is that I win 3, 4, even 5 trades in a row, but all that profit is gone after loosing 2trades. Have you found any other way to filter trades that can turn into a lost, besides indicators divergence?

Anonymous said...

Emmanuel, this is the main problem with systems like this.

You can try to filter trades in a losing system, but this is like putting lipstick on a pig. You're better off building a more robust system from the ground up, and only then tweaking the settings and strategies.

There are many reasons why systems like this won't work over the long term (read: longer than the cherry-picked period of time use on the seller's site). I've only listed a few below.

First, they are curve-fitted to a very small historical sample (up to three months in this case) that shows how "profitable" they are.

Second, the average losses are much larger than the average winners. When the underlying dynamic of the markets changes, even a few more losses will turn this system into a net-loser. Bigtime. You could potentially build profit over several months, only to watch it dissappear within a few weeks.

Third, look at some of the swaps as a percentage of the gains...yikes!

A surefire way to tell whether someone is trying to sell you a nonperforming system is when all of the results posted on the actual webpage are DEMO accounts. Where are the actual bank statements? The actual brokeridge statements? The answer is there aren't any because they don't exist.

Finally, this particular post is written as a testimoney, but the purpose is really to sell the system! The blogger is looking to make money from commissions -- which isn't a bad thing if it's declared.

I find this post a bit on the disingenuous side. Particularly about the part where she gets you thinking you can make millions from nothing in 24 months.

Caveat Emptor!

(Also, this system is not original or unique. You can find similar systems for free in the MoneyTec archives...and I don't recommend using those, either, or anything on MoneyTec for that matter.)

To paraphrase Ed Seykota, we all get exactly what we want out of the markets.

I'm going to post this on my own blog in case the blogger does not allow my comment. (This is often, but not always, the case when they are selling something.)

Good luck.

FOREX KILLER said...

interested, but maybe need some testimonial here.

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